Rule 18AAA - Prescribed authority for approval of a University or any educational institution of national eminence for the purpose of section 80G - Income-tax Rules, 1962

Prescribed authority for approval of a University or any educational institution of national eminence for the purpose of section 80G. 18AAA. For the purpose of sub-clause ( iiif ) of clause ( a ) of sub-section (2) of section 80G, the prescribed authority, ( a ) in relation to a university or any non technical institution of national eminence, shall be the Director General (Income tax Exemptions), who shall grant approval with the concurrence of the Secretary, University Grants Commission; ( b ) in relation to any technical institution of national eminence, shall be the Director General (Income tax Exemptions) who shall grant approval with the concurrence of the Secretary, All India Council of Technical Education. Explanation : For the purposes of this rule, ( 1 ) All India Council of Technical Education means the All India Council of Technical Education established under section 3 of the All India Council for Technical Education Act, 1987 (52 of 1987); ( 2 ) University Grants Commission means the University Grants Commission established under section 4 of the University Grants Commission Act, 1956 (3 of 1956).